Switzerland
Partnering For Global Impact? 2012 to be held In Lugano, Switzerland in July
…effectively interact and do business,” said Cornelius Pietzner, Managing Director of Alterra Impact Finance, an impact investment management firm based in Zurich, Switzerland. “Partnering for Global Impact is an important event specifically designed to help…
Swiss Set Tax, Secrecy Revamp
…to improve its standing as a tax-compliant and efficient financial center, including the requirement on banks to ensure foreign clients in future declare their tax obligations. The plans, which will be finalized by the finance ministry by September, come as…
Swiss Government Wants Bank Clarity On Tax From Foreign Clients
…– The Swiss government Wednesday said it will require banks to take further steps to ensure foreign clients make a declaration on their tax obligations as it seeks to polish its financial market reputation. “The focus is on enhanced due diligence requirements…
George Hobica: Hiking In The Swiss Alps Doesn’t Have To Cost A Fortune
…this beauty. Inside, the 35 rooms (10 of them private) are tidy and simple, and amazingly cheap for Switzerland (most of the huts described here won’t set you back more than $35 or $40 per night, even with the Swiss franc reaching parity with the U.S. dollar…
Givaudan results hit by the strength of the Swiss currency
…compared to sales of CHF4.24bn in 2010. Sales for the fragrance division were up 4.7 percent in local currency terms to $1.83bn, a decline of 7.8 percent in Swiss franc sales, a performance that was weaker than the company’s flavour division, where sales grew…
Swiss Re May Post Fourth-Quarter Profit After Year-Earlier Loss
…earlier. The Zurich-based company is due to report results tomorrow morning at 7 a.m. local time.
Swiss Stocks Fall as Euro-Area Output Shrinks in February
…a reading of 50.5, according to a Bloomberg survey. A reading below 50 indicates contraction. Swiss stocks slipped from a seven-month high yesterday after Greece’s 130 billion-euro ($173 billion) bailout package failed to ease investor concern that the debt…
Skiing in Andermatt: the Swiss resort that is not a swizz
…or solos who want value, an authentic Swiss atmosphere and the odd challenge. BA (0844 493 0787; ba.com), Swiss (0845 601 0956; swiss.com), easyJet (0905 821 8905; easyjet.com) and others fly to Zurich. From there, the train takes two hours and 20 minutes…
UPDATE 1-Profits slump at Swiss dental firm Straumann
…said this was now less likely due to the euro zone debt crisis. Net profit fell 46 percent to 71 million Swiss francs ($78 million) in 2011, missing expectations, as the strong franc weighed. Its bottom line was also hit by a writedown on its Japanese business…
Mumbai businessman’s Swiss accounts under scanner
…bank accounts had around Rs 43 crore in September 2008. However, Vikram denied maintaining any Swiss bank account. In an email reply, he said his father and sister Tania had maintained the accounts and the allegations were baseless. But the I-T report says,…
Swiss Oil Billionaire Sells African Assets To Finance Iraq Adventure
…antiquities as a boy during a trip to the archaeological digs at Saqqara with his class from the Swiss school in Alexandria. The first object that he owned and that opened his eyes to the beauty of ancient art was a small, early Christian oil lamp that he…
Swiss tourism: a tale of two markets
…than before, unlike people in neighbouring countries who now feel the effects of the strong franc,” Switzerland Tourism director Jürg Schmid, told swissinfo.ch. “Hotels and resorts have been forced to lower prices and offer discounted packages which Swiss…
Six-week holidays on the cards for Switzerland
…holiday entitlement is already around five weeks, economiesuisse said, adding that more holiday entitlement would cost Swiss employers 6.3 billion Swiss francs ($6.92 billion). According to a survey by pollster gfs.bern published earlier this month only 39%…
Guest Commentary: MarketVisionTV – Is History repeats itself on $ Swiss Then…
…a sharp three legged decline a correction retracing 45.6& of the rally before… The second rally Swiss national bank inspired rally.. a seemingly complete trend sequence that is consolidated broken retraced and ended…with a consolidation top..then a sharp…
Swiss business lobby urges defeat of holiday vote
…already around five weeks, economiesuisse said, adding that more holiday entitlement would cost Swiss employers 6.3 billion Swiss francs ($6.92 billion). According to a survey by pollster gfs.bern published earlier this month only 39 percent of the Swiss are…
Banksters’ paradise? Swiss unveil clean money plan
…President and Finance Minister Eveline Widmer-Schlumpf speaks to media during a news conference after the weekly meeting of the Federal Council in Bern February 15, 2012. ZURICH (Reuters) – Switzerland is to announce plans to clean up its reputation as a haven…
Swiss Watch Sales Surge All Over The World
…embed this post, copy the code below and paste into your website or blog. I’ve been purchasing vintage Swiss watches at auction as a currency hedge, just sayin. Lol………………….who wears a watch anymore? I have a clock on my cellphone, my I-phone,…
Swiss Compete With U.S. for Lead in Deals
…ceiling of 1.20 francs per euro last year — its first such intervention since the 1970s. “A strong currency and balance sheets as well as the need for growth abroad make Swiss companies buyers,” said Juerg Glesti, a partner in corporate finance at Deloitte…
Swiss Stocks Fall As Greek Deal Prompts Profit Taking In Europe
…7:05 AM ET (RTTNews) – The Swiss stock market is showing modest weakness in mid-day trading on Tuesday. Finance ministers in the euro-zone have reached a deal to provide Greece with another round of bailout funds. The accord is valued at 130 billion euros….
Stocks in Switzerland Decline After Deal on Greek Aid; ABB Shares Retreat
…what could go wrong with a country unable to grow out of its fiscal woes by devaluing its currency. “Given the risks, the Greek program may thus remain accident-prone, with questions about sustainability hanging over it,” the analysis said. In a worst-case…
